10-Q Filing

MultiSensor AI Holdings, Inc. CIK: 1863990 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001410578-22-001960`
Period End Date	20220331
Filing Date	20220719
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	smapu-20220331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 6 Cash Flow Statement 12 Stockholders Equity 5

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$680.07K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$931.27K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$427.22K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$384.73K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.11M	USD	Point-in-time
Prepaid expenses - non-current	`PrepaidExpenseNoncurrent`	$111.45K	USD	Point-in-time
Prepaid expenses - non-current	`PrepaidExpenseNoncurrent`	$18.58K	USD	Point-in-time
Cash and securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$117.31M	USD	Point-in-time
Preferred stock, par value, (per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$117.35M	USD	Point-in-time
Preferred stock, par value, (per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total assets	`Assets`	$118.74M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total assets	`Assets`	$118.48M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accrued offering costs and expenses	`AccruedOfferingCosts`	$175.66K	USD	Point-in-time
Accrued offering costs and expenses	`AccruedOfferingCosts`	$105.70K	USD	Point-in-time
Common shares, par value, (per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common shares, par value, (per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$24.61K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$20.16K	USD	Point-in-time
Common shares, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total liabilities	`Liabilities`	$200.27K	USD	Point-in-time
Total liabilities	`Liabilities`	$125.86K	USD	Point-in-time
Common shares, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common shares, shares issued	`CommonStockSharesIssued`	3.55M	shares	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, shares issued	`CommonStockSharesIssued`	3.55M	shares	Point-in-time
Common stock subject to possible redemption, 11,500,000 shares at redemption value of $10.20	`TemporaryEquityCarryingAmountAttributableToParent`	$117.30M	USD	Point-in-time
Common shares, shares outstanding	`CommonStockSharesOutstanding`	3.55M	shares	Point-in-time
Common shares, shares outstanding	`CommonStockSharesOutstanding`	3.55M	shares	Point-in-time
Common stock subject to possible redemption, 11,500,000 shares at redemption value of $10.20	`TemporaryEquityCarryingAmountAttributableToParent`	$117.30M	USD	Point-in-time
Common stock subject to possible redemption	`TemporaryEquitySharesOutstanding`	11.50M	shares	Point-in-time
Common stock subject to possible redemption	`TemporaryEquitySharesOutstanding`	11.50M	shares	Point-in-time
Common stock, redemption value per share	`TemporaryEquityRedemptionPricePerShare`	$10.20	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, redemption value per share	`TemporaryEquityRedemptionPricePerShare`	$10.20	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 3,550,000 shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption)	`CommonStockValue`	$356.00	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 3,550,000 shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption)	`CommonStockValue`	$356.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-600.85K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-413.95K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.24M	USD	Point-in-time
Total Liabilities, Redeemable Common Stock and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$118.48M	USD	Point-in-time
Total Liabilities, Redeemable Common Stock and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$118.74M	USD	Point-in-time

Income Statement 6 line items

Line Item	Tag	Value	Unit	Period
Formation and operating cost	`OperatingCostsAndExpenses`	$227.18K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-227.18K	USD	1 Quarter
Interest earned on cash and securities held in Trust Account	`InvestmentIncomeInterest`	$40.28K	USD	1 Quarter
Interest earned on cash and securities held in Trust Account	`InvestmentIncomeInterest`	$10.93K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$40.28K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-186.89K	USD	1 Quarter

Cash Flow Statement 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-186.89K	USD	1 Quarter
Interest earned on cash and securities held in Trust Account	`InvestmentIncomeInterest`	$40.28K	USD	1 Quarter
Interest earned on cash and securities held in Trust Account	`InvestmentIncomeInterest`	$10.93K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-50.39K	USD	1 Quarter
Accrued offering costs and expenses	`IncreaseDecreaseInAccruedLiabilities`	$-69.97K	USD	1 Quarter
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-4.45K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-251.20K	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-251.20K	USD	1 Quarter
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$680.07K	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$931.27K	USD	Point-in-time
Cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$680.07K	USD	Point-in-time
Cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$931.27K	USD	Point-in-time

Stockholders Equity 5 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning	`StockholdersEquity`	$1.05M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.24M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-186.89K	USD	1 Quarter
Balance at the end	`StockholdersEquity`	$1.05M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.24M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.